The relationship between farm and nonfarm prices that existed during the period from 1910 to 1914 is known as
A. The target price.
B. Price supports.
C. The payment-in-kind program.
D. The parity price.
Answer: D
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List four types of tax-deferred saving vehicles. How could tax-deferred saving vehicles, if modified, transform the U.S. income tax into a consumption tax?
What will be an ideal response?
A decrease in the interest rate, other things constant, will: a. shift the supply of loanable funds curve to the left. b. shift the supply of loanable funds curve to the right. c. decrease the quantity of loanable funds demanded. d. decrease the quantity of loanable funds supplied
e. shift the demand for loanable funds curve to the right.
Utils are used by economists to measure the satisfaction a person obtains from consuming a good
Indicate whether the statement is true or false
An increase in price will increase supply
a. True b. False Indicate whether the statement is true or false